Cohen & Steers Select Preferred and Income Fund (PSF) Declares April 2011 Monthly Distribution

NEW YORK, April 1, 2011 /PRNewswire/ -- The board of directors of Cohen & Steers Select Preferred and Income Fund, Inc. has declared the Fund's April dividend, as summarized in the chart below:

The Fund seeks high current income, with a secondary objective of capital appreciation, by investing primarily in securities of U.S. and non-U.S. preferred and other income securities. Generally, the majority of assets are allocated to investment-grade securities believed by the manager to be undervalued relative to their credit quality and other characteristics, such as company fundamentals.

The amount and composition of the Fund's distributions will be disclosed monthly at cohenandsteers.com; however, this information may change after each calendar year end, once the final tax characteristics of all Fund distributions can be determined with certainty. Final tax characteristics of the fund's distributions will be provided on Form 1099-DIV, which is mailed after the close of each calendar year.

More information is available at cohenandsteers.com.

About Cohen & Steers. Cohen & Steers is a manager of portfolios specializing in U.S. and international real estate securities, large cap value stocks, listed infrastructure and utilities, and preferred securities. The company also manages alternative investment strategies such as hedged real estate securities portfolios and private real estate multimanager strategies for qualified investors. Headquartered in New York City, with offices in London, Brussels, Hong Kong and Seattle, Cohen & Steers serves individual and institutional investors through a broad range of investment vehicles.

SOURCE Cohen & Steers, Inc.